The Supreme Court directed the embattled Amrapali Group on Tuesday to explain by Wednesday its monetary transactions and agreements with Indian cricketer Mahendra Singh Dhoni, the realty firm’s brand ambassador between 2009 to 2015.
The top court said it wants the entire picture to be placed before it as also the explanation of each and every transactions and dealings with Dhoni.
It said the group might have “cheated” Dhoni as well and that is the reason some media houses have reported about his case. A Bench of Justices Arun Mishra and UU Lalit asked the firm to submit the details by Wednesday as to how much money was transacted between Amrapali Group and Dhoni.
“By tomorrow, we want entire picture before us. How much money was transacted between you and Dhoni and what were your agreements with him. How much money you have paid for the advertisements (branding). We want entire detail. You might have cheated him also that’s why media houses have recently reported about his case,” the bench said.
At the outset, the court-appointed two forensic auditor Pawan Agrawal and Ravi Bhatia told the bench that they have detected 24 transactions between Amrapali Group and M/s Rhiti Sports Management Pvt Ltd, which manages endorsement and advertisement rights of Dhoni.
Agrawal told the bench that in one of the transactions around Rs 25 crore was given by Dhoni to Amrapali and there were several transactions between different group companies.
Advocate ML Lahoty, appearing for home buyers, said that Dhoni’s wife Sakshi Dhoni was an ex-director of the group.
The Bench then asked senior advocates Geeta Luthra and Gaurav Bhatia, appearing for Amrapali, to furnish all the details by Wednesday.
Dhoni in an earlier affidavit filed in the apex court had said that he was a creditor of Amrapali Homes Projects Pvt Ltd and had entered into a joint venture agreement with it on June 14, 2011.